We expect NZDUSD to trend downwards later today. Based on these past United States Unemployment Rate news events there is a 66.67% chance of this. We expect this to happen if the released value is < 3.6%. A price movement of 42 pips is expected. Historical events that allowed us to draw this conclusion
03 May 12:30 |
05 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).